Yuzu: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
Yuzu
Largest movements
- Tangible fixed assets +€80,349
up €80,349 (+487%), from €16,496 to €96,846
- Receivables after one year -€47,927
no longer reported in 2025 (was €47,927)
- Receivables within one year +€27,182
up €27,182 (+79.1%), from €34,368 to €61,550
of which Trade receivables: +€23,182
- Cash -€4,867
down €4,867 (-23.6%), from €20,590 to €15,723
mainly Investment in fixed assets (net) (-€95,542) and Contributions, distributions and other (-€62,375)
- Deferred charges and accrued income +€2,924
up €2,924 (+154%), from €1,897 to €4,821
- Debts after one year +€36,926
new in 2025: €36,926
- Reserves -€19,873
down €19,873 (-22.0%), from €90,425 to €70,552
of which Distributable reserves: -€19,873
- Other debts +€13,643
up €13,643 (+206%), from €6,616 to €20,259
- Tax, wage and social debts +€12,618
up €12,618 (+143%), from €8,833 to €21,451
- Current portion of long-term debt +€9,998
new in 2025: €9,998
- Gross operating margin +€41,018
up €41,018 (+125%), from €32,901 to €73,919
- Depreciation +€12,134
up €12,134 (+397%), from €3,059 to €15,193
- Taxes +€8,273
up €8,273 (+108%), from €7,643 to €15,915
- Other operating charges -€2,097
down €2,097 (-79.3%), from €2,644 to €547
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €124,378 | €182,039 | +€57,661 | +46.4% |
| Fixed assets | 21/28 | €19,596 | €99,946 | +€80,349 | +410% |
| Tangible fixed assets | 22/27 | €16,496 | €96,846 | +€80,349 | +487% |
| Furniture and vehicles | 24 | €16,496 | €96,846 | +€80,349 | +487% |
| Financial fixed assets | 28 | €3,100 | €3,100 | = | 0.0% |
| Current assets | 29/58 | €104,782 | €82,093 | -€22,688 | -21.7% |
| Amounts receivable after more than one year | 29 | €47,927 | - | -€47,927 | |
| Other amounts receivable | 291 | €47,927 | - | -€47,927 | |
| Amounts receivable within one year | 40/41 | €34,368 | €61,550 | +€27,182 | +79.1% |
| Trade receivables | 40 | €34,368 | €57,550 | +€23,182 | +67.5% |
| Other amounts receivable | 41 | - | €4,000 | +€4,000 | |
| Cash at bank and in hand | 54/58 | €20,590 | €15,723 | -€4,867 | -23.6% |
| Deferred charges and accrued income | 490/1 | €1,897 | €4,821 | +€2,924 | +154% |
| Total equity and liabilities | 10/49 | €124,378 | €182,039 | +€57,661 | +46.4% |
| Equity | 10/15 | €106,160 | €86,287 | -€19,873 | -18.7% |
| Contributions | 10/11 | €9,000 | €9,000 | = | 0.0% |
| Reserves | 13 | €90,425 | €70,552 | -€19,873 | -22.0% |
| Non-distributable reserves | 130/1 | €1,033 | €1,033 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,033 | €1,033 | = | 0.0% |
| Distributable reserves | 133 | €89,393 | €69,520 | -€19,873 | -22.2% |
| Profit (loss) carried forward | 14 | €6,734 | €6,734 | = | 0.0% |
| Amounts payable | 17/49 | €18,218 | €95,752 | +€77,534 | +426% |
| Amounts payable after more than one year | 17 | - | €36,926 | +€36,926 | |
| Financial debts | 170/4 | - | €36,926 | +€36,926 | |
| Amounts payable within one year | 42/48 | €15,528 | €56,009 | +€40,481 | +261% |
| Current portion of amounts payable after more than one year | 42 | - | €9,998 | +€9,998 | |
| Trade debts | 44 | €78 | €4,302 | +€4,223 | +5,386% |
| Suppliers | 440/4 | €78 | €4,302 | +€4,223 | +5,386% |
| Taxes, remuneration and social security | 45 | €8,833 | €21,451 | +€12,618 | +143% |
| Taxes | 450/3 | €8,833 | €21,451 | +€12,618 | +143% |
| Other amounts payable | 47/48 | €6,616 | €20,259 | +€13,643 | +206% |
| Accrued charges and deferred income | 492/3 | €2,691 | €2,817 | +€126 | +4.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,059 | €15,193 | +€12,134 | +397% |
| Other operating charges | 640/8 | €2,644 | €547 | -€2,097 | -79.3% |
| Gross operating margin | 9900 | €32,901 | €73,919 | +€41,018 | +125% |
| Operating profit (loss) | 9901 | €27,198 | €58,179 | +€30,981 | +114% |
| Financial income | 75/76B | €1,679 | €1,262 | -€417 | -24.8% |
| Recurring financial income | 75 | €1,679 | €1,262 | -€417 | -24.8% |
| Financial charges | 65/66B | €476 | €1,024 | +€548 | +115% |
| Recurring financial charges | 65 | €476 | €1,024 | +€548 | +115% |
| Profit (loss) for the period before taxes | 9903 | €28,401 | €58,417 | +€30,016 | +106% |
| Income taxes | 67/77 | €7,643 | €15,915 | +€8,273 | +108% |
| Profit (loss) for the period | 9904 | €20,758 | €42,502 | +€21,744 | +105% |
| Profit (loss) for the period to be appropriated | 9905 | €20,758 | €42,502 | +€21,744 | +105% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.